[GNC] Accounting Help - Credit Card transfer
Chris Ledbetter
cledbetter11 at icloud.com
Thu May 18 17:38:05 EDT 2023
Hi,
Currently using GnuCash 4.14. I have Credit Card A with an opening balance (transfer Equity:Opening Balances) and subsequent transactions. I set up Credit Card B. I transfer the majority of the balance to Credit Card B but still keep Credit Card A. How do I set up Credit Card B transactions? In Credit Card A is move the balance as a transaction (transfer Liabilities:Credit Card:Credit Card B) and in Credit Card B the initial transaction is (transfer Liabilities:Credit Card:Credit Card A). Is this the correct way to transfer? Should Credit Card B have on Equity:Opening Balance?
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